Canadian City of Calgary Launches Local Digital Currency for Intracity Transactions
Cointelegraph
Published Dec 12, 2018 16:21
Updated Dec 12, 2018 16:45
Calgary, a city in the Canadian province of Alberta, has launched its own digital currency. The Calgary Dollar will allow holders to pay for services and goods at local shops, Canadian major media outlet Global News reports Friday, Dec. 7.
According to HuffPost Canada, the Calgary dollar was initially launched in 1996, with citizens and businesses offering goods and services in exchange for the local currency alongside the Canadian dollar. This new move in 2018 allows citizens to download an app and store the digital currency on their devices.
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Written By: Cointelegraph
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